NOT LISTED FOR SALE

285 E Honaker Rd Stamping Ground, KY 40379

Estimated Value: $192,000 - $375,000

6 Beds
3.5 Baths
2,980 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2024

Last sale price $180,000 $60 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,536 / mo

8 Days on Market

Highlights

  • 1.55 Acre Lot
  • Window Unit Cooling System
  • Heating Available

About This Home

As of September 2024

Great Potential! $2800 a month rental income. 4 rental units each rented at $700 per month. Property has small mobile home, a duplex, and an extra building rented as a repair business. This is a rare opportunity to own a wonderful positive cash flow property. Mobile home has two bedrooms and one bath. One side of duplex has 2 bedrooms and 1 bath, and other side has two bedrooms and 1.5 baths. Needs TLC but with so many positives, don't let this one pass you by. Property sold ''AS IS''.

Last Agent to Sell the Property

Kim Stiles

RE/MAX Creative Realty License #222508 Listed on: 09/01/2024

RE/MAX Creative Realty

Last Buyer's Agent

Chris Johnson

Keller Williams Commonwealth License #220130

Keller Williams Commonwealth

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.55 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Stamping Ground Elementary School
  • Scott Co Middle School
  • Great Crossing High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Propane

Community Details

  • 3 Buildings
  • 4 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055-00-037.000

Property Details

Home Type

Multi-Family

Lot Details

1.55 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex, Other
  • Year Built: 9999
  • New Construction: No
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Lot Size Area: 1.55

Exterior Features

  • List Price: 230000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Other
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Propane Connected, Sewer Connected, Water Connected

Schools

  • Elementary School: Stamping Ground
  • High School: Great Crossing
  • Middle or Junior School: Scott Co

Lot Info

  • Lot Size Acres: 1.55
  • Lot Size Sq Ft: 67518.0
  • Parcel Number: 055-00-037.000
  • Zoning Description: Residential

Multi Family

  • Number of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Sep 20, 2024
Sold by
Inman Michael and Inman Rebecca
Bought by
Clear Property Llc
Seller's Agent
Kim Stiles
RE/MAX Creative Realty
Buyer's Agent
Chris Johnson
Keller Williams Commonwealth
List Price
$230,000
Sold Price
$180,000
Premium/Discount to List
-$50,000
-21.74%
Views
7
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,000
Avg. Annual Appreciation
27.43%
Original Mortgage
$185,000
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2020
Sold by
Haley Investments Llc
Bought by
Iman Michael Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
May 18, 2016
Sold by
Ruble Paul
Bought by
Haley Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clear Property Llc $185,000 None Listed On Document
Iman Michael Allen $110,000 None Available
Haley Investments Llc $20,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clear Property Llc $185,000
Previous Owner Iman Michael Allen $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $180,000 -21.7% $60 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/01/2024 09/01/24 For Sale $230,000 -- $77 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,648 $185,000 $0 $0
2024 $1,034 $115,000 $0 $0
2023 $1,043 $115,000 $30,000 $85,000
2022 $978 $115,000 $30,000 $85,000
2021 $965 $110,000 $25,000 $85,000
2020 $945 $110,000 $25,000 $85,000
2019 $793 $90,800 $0 $0
2018 $766 $88,300 $0 $0
2017 $770 $88,300 $0 $0
2016 $1,153 $143,152 $0 $0
2015 $1,118 $139,700 $0 $0
2014 $1,016 $133,000 $0 $0
2011 $967 $133,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Stiles

    Seller's Agent in 2024

    Kim Stiles

    RE/MAX

    1 in this area

    53 Total Sales

    Kim Stiles
    Section Image

  • C

    Buyer's Agent in 2024

    Chris Johnson

    Keller Williams Commonwealth

    (859) 721-2121

    1 in this area

    9 Total Sales

    Chris Johnson
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24018421

ImagineMLS (Bluegrass REALTORS®)

APN: 055-00-037.000

Kentucky Scott County Stamping Ground 40379

285 E Honaker Rd, Stamping Ground, KY

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